Question

what are the objective of cost accounting?​

Answer 1

Answer:

The main objective of cost accounting is:

1. Ascertainment of cost
2. Ascertainment of cost Fixation of selling price
3. Proper recording and presentation of cost data for measuring efficiency
4. roper recording and presentation of cost data for measuring efficiencyFor cost control cost reduction ascertaining the profit of each activity assisting management in decision making
5. roper recording and presentation of cost data for measuring efficiencyFor cost control cost reduction ascertaining the profit of each activity assisting management in decision making Determination of break.

Answer 2

Objectives of cost accounting are ascertainment of cost, fixation of selling price, proper recording and presentation of cost data to management for measuring efficiency and for cost control and cost reduction, ascertaining the profit of each activity, assisting management in decision making and determination of break- ...